FY2024 EPS Forecast for ROK Resources Increased by Analyst

ROK Resources Inc. (CVE:ROKFree Report) – Analysts at Ventum Cap Mkts raised their FY2024 earnings per share estimates for ROK Resources in a research report issued on Wednesday, November 20th. Ventum Cap Mkts analyst A. Gill now expects that the company will earn $0.01 per share for the year, up from their prior forecast of ($0.01). Ventum Cap Mkts has a “Strong-Buy” rating on the stock. The consensus estimate for ROK Resources’ current full-year earnings is $0.04 per share. Ventum Cap Mkts also issued estimates for ROK Resources’ Q4 2024 earnings at ($0.02) EPS.

Separately, Ventum Financial lowered their price objective on ROK Resources from C$0.55 to C$0.45 in a research report on Thursday, August 22nd.

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ROK Resources Price Performance

ROK Resources stock opened at C$0.18 on Monday. ROK Resources has a 52-week low of C$0.15 and a 52-week high of C$0.35. The firm has a market cap of C$39.32 million, a PE ratio of -2.25 and a beta of 0.44. The company’s 50 day moving average is C$0.19 and its two-hundred day moving average is C$0.22.

ROK Resources Company Profile

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ROK Resources Inc operates as independent oil and gas company in Canada. The company primarily engages in production, exploration, and development of oil and natural gas in Southeast Saskatchewan. ROK Resources Inc is headquartered in Regina, Canada.

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Earnings History and Estimates for ROK Resources (CVE:ROK)

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